Property Development involves a wide range of activities and processes from purchasing land, building and developing high rise apartment buildings and everything in between. In order to be successful, you’ll need to educate yourself on property, the markets, economics, finance, town planning, the construction processes and the marketing of real estate projects.
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In the following article, Bryce Yardney, Property Development Specialist at Metropole, explains how you might tackle the hurdles and requirements to get your development underway. One of the biggest hurdles faced by any property developer – whether a seasoned veteran or a green beginner – is the bureaucratic maze known as the planning permit or development approval process….
In this article, Bryce Yardney, Property Development Specialist at Metropole, talks us through the feasibility of a development project and whether or not to pursue it. Undertaking a property development requires many months of preparation before you actually get to see your hard labour bare any fruit. As we’ve already covered in previous articles in this series, there’s the groundwork of…
In this article, Bryce Yardney, Property Development Specialist at Metropole talks us through the risks involved in property development so you know how to manage them. Many investors approach property development with rose coloured glasses, but in order to minimise your risks and maximise your chances of turning a good profit (remember you want at least 15 per cent on…
In this series article, Bryce Yardney, Property Development Specialist at Metropole talks us through managing the risks associated with property development to increase the chances of success. I’ve found that once many property investors who’ve collected a few properties in their portfolio, become keen to “dabble” in property development. They see this as the next phase in their career and…
In his continuing series of articles, Bryce Yardney, Property Development Specialist at Metropole, takes readers on a step by step journey through the property development process. Once you understand the importance of securing a development site in the right location and you have the big picture firmly in mind, including your target market, it’s time to…
In the sixth instalment of his in-depth series on property development, Bryce Yardney, development Specialist at Metropole Property, explains how to source and secure the perfect site for your project in order to maximise potential profits. Securing the perfect property is critical for the success of any investment career. Acquiring a piece of real estate that ticks all of the…
In the fifth instalment of his series on property development Bryce Yardney, property development Specialist at Metropole Properties explains in detail how to secure funding for your real estate development project. Before you commence any development project, it is obviously crucial to first establish how much you can borrow and how you will be able to manage all…
In the fourth instalment of his series on development Bryce Yardney, development Specialist at Metropole Property, walks you through each step of the development journey. Becoming a property developer, even dabbling in the idea of development as an adjunct to a more passive property investment career, is not as simple as it seems. New builds require extensive legwork and…
In this third installment of the Property Development Series, Bryce walks us through the professionals you need on your side throughout your property development project. The property development process has become more complicated over the last few years due to the increased influence of the state government, local councils and various interest groups in the…
Many real estate investors are keen to step up to the next level and get involved in property development. They think “I’ll buy a block of land or old house, pull it down and build a number of townhouses, units or apartments. And then maybe I’ll sell some, keep some and move onto the…
